We see clearly there is no where near enough volume to support this rise, I firmly believe that if we go below the 61.8 here on this small downward trend that could also just be the wave 2 of a 1-2-3-4-5 Elliot Cycle. Good luck trading :)
Here I have proposed two options for BTC , one bullish and one bearish . The first, and in my opinion most probable option is that we complete our Head and Shoulders here in the next 1-3 days and once again enter our beloved bullish bitcoin market. Many times we see BTC repeating previous patterns such as the one in September which I strongly believe BTC is...
I believe this is a possibility for BTC disregard this chart fully if it begins to go up here, because that is a big possibility I am expecting, I will make new TA on it if it begins to go up here.
Just another bearish charter giving people a hope at a lower prices. Discord TA and fun link discord.gg #TBTGTHMB
Last time before the fall we had a "volume preparation" in which we basically has a test volume spike to set a precedent for the size of the next volume spike which correlates with the drop. We see that the previous time we had our first volume spike without much of a drop, we see another one about 15 hours later which could also occur here in this next spike....
Hey guys, update it has been following the fractal for a couple days now, so I added a bit more support to verify why this could very likely be possible. Good Luck with trading this week should be pretty sideways, so look for some alts that could explode. Discussion Discord Link discord.gg
Since my previous fractal well... failed, I listened to some people in the discord saying that maybe it was the trend from January 17th to present, so I decided to chart it. I scaled the fractal down to fit the trend lines, and it turned out very well, so I think we might have a decent chance that this occurs. Good Luck With your trades. (This is not financial advice)
Looks like ENG will probably go up right here in the next couple of hours, or it will go down/sideways for some more time, and then explode. Good Luck guys!
It's look pretty promising here, I myself am placing some shorts. (This is not financial advice good luck) I made the B and D waves more horizontal because we are going to need to level out the RSI a bit seeing it is a tad bit low.
I think this will be a final fall and about halfway through the fractal it will fallout to about 5600-5400 and then once it hits the bottom rocket up to 7800. IMO -0.96% this will signal the end of the retracement as when we see a 2nd (lower) waterfall and bigger jump up, it normally signals the end of the bearish trend .
It will probably do this to textbook, but at a different x scale because i scale i down to show the whole thing the in the graph. Once i see what occurs in the next 2 hours i'll be able to scale it better.